PDF 500 High Dividend ETF - SPDR Exchange Traded Funds, ETFs

As of 09/30/2016

SPDR? S&P? 500 High Dividend ETF

SPYD

Intraday NAV Ticker SPYDIV

Index Ticker SPXHDUT

Key Features Liquidity Tax-efficient* Low turnover Low cost ?

Fund Inception Date 10/21/2015

Objective The SPDR? S&P? 500 High Dividend ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P? 500 High Dividend Index.

Ordinary brokerage commissions may apply.

About This Benchmark The S&P? 500 High Dividend Index is designed to measure the performance of the top 80 dividend-paying securities listed on the S&P 500? Index, based on dividend yield. The S&P 500 Index focuses on the large capitalization U.S. equity market, including common stock and real estate investment trusts ("REITs"). To determine dividend yield: (i) an indicated dividend is measured by taking the latest dividend paid (excluding special payments) multiplied by the annual frequency of the payment; and (ii) the indicated dividend is then divided by the company's share price at the date of rebalancing.

Performance

Total Return

QTD YTD

Fund Before Taxes (%)

NAV

3.31 20.96

MARKET VALUE

3.31 20.99

Fund After Taxes (%)

Return after Taxes on Distributions

Return after Taxes on Distributions and Sale of

Fund Shares

2.89

1.87

19.49

11.82

Benchmark (%)

3.37 21.13

Annualized

1 Year 3 Year 5 Year Since Fund Inception

N/A N/A N/A 19.02

N/A N/A N/A 19.04

N/A N/A N/A 17.00

N/A N/A N/A 10.67

26.65 N/A N/A

19.22

Gross Expense Ratio

(%)

0.12

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Visit for most recent month-end performance. Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

?Frequent trading of ETFs could significantly increase commissions and other costs such that they may offset any savings from low fees or costs.

*Passive management and the creation/redemption process can help minimize capital gains distributions.

Definitions: Return after Taxes on Distributions represents returns after taxes on distributions, assuming shares were not sold. Return after Taxes on Distributions and Sale of Fund Shares represents the return after taxes on distributions and the sale of fund shares. Market Value is determined by the midpoint between the bid/offer prices as of the closing time of the New York Stock Exchange (typically 4:00PM EST) on business days. NAV is the market value of a mutual fund's and ETFs total assets, minus liabilities, divided by the number of shares outstanding. An Intraday NAV is calculated and published throughout the trading day. It is based on the last trade price of each holding listed in the basket used for creation and redemption including estimated cash amounts. This value is used to provide an intraday relationship between the basket of securities representing the ETF and the market price of the ETF. Price/Earnings Ratio FY1 is the closing price divided by the sum of the forecasted fiscal year earnings per share. Price/Book Ratio is the weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months. Intellectual Property Information: Standard & Poor's?, S&P? and SPDR? are registered trademarks of Standard & Poor's Financial Services LLC (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. State Street Corporation's financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index.



SPDR? S&P? 500 High Dividend ETF

Characteristics Est. 3-5 Year EPS Growth Index Dividend Yield Price/Earnings Ratio FY1 Number of Holdings Price/Book Ratio Weighted Average Market Cap $M

Top 10 Holdings Nordstrom Inc. Williams Companies Inc. Seagate Technology PLC Best Buy Co. Inc. Spectra Energy Corp Principal Financial Group Inc. WestRock Co. QUALCOMM Incorporated Caterpillar Inc. ONEOK Inc.

As of 09/30/2016 State Street Global Advisors

5.51% 4.10% 15.39

81 2.02 $40,130.26

Key Facts Ticker Symbol CUSIP Primary Benchmark Investment Manager Distributor

Weight (%)

1.59 1.57 1.53 1.48 1.46 1.44 1.40 1.40 1.40 1.39

Top Sectors Consumer Discretionary Utilities Real Estate Energy Financials Information Technology Industrials Materials Telecommunication Services Health Care

SPYD 78468R788 S&P 500 High Dividend Index SSGA Funds Management, Inc. State Street Global Markets, LLC

Weight (%)

17.44 15.13 13.00 10.79

9.27 8.21 7.81 7.54 4.45 3.71

Important Risk Information: Dividend paying securities can fall out of favor causing securities to underperform companies that do not pay dividends. Changes in dividend policiesof companies may adversely affect fund performance. Equity securities may fluctuate in value in response to the activities of individual companies and general market and economic conditions. Non-diversified funds that focus on a relatively small number of securities tend to be more volatile than diversified funds and the market as a whole. Passively managed funds hold a range of securities that, in the aggregate, approximates the full Index in terms of key risk factors and other characteristics. This may cause the fund to experience tracking errors relative to performance of the index. ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

Distributor: State Street Global Markets, LLC, member FINRA, SIPC, a wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. Certain State Street affiliates provide services and receive fees from the SPDR ETFs.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 or visit . Read it carefully.

Not FDIC Insured ? No Bank Guarantee ? May Lose Value

Date of First Use: October 2016 Expiration Date: 01/31/2017

ETF-SPYD 20161025/14:42

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